Anglo's Los Bronces mine in Chile to remain shut until safe to resume work

Production at Anglo's Los Bronces copper mine in central Chile has been halted since Saturday, when masked protesters seized parts of the mine, the second time in a month this has happened. (Image: Anglo American Chile | Twitter)

Anglo American (LON:AAL) has decided to keep all activity at its Los Bronces copper mine in Chile halted following a fresh attack by hooded protesters who seized installations over the weekend.

The group "violently and illegally" entered the mine site early Saturday morning, the company said in a statement (in Spanish), just hours after unions representing staff of contractor firms employed at Los Bronces accepted a proposal from their employers.

Los Bronces is Anglo’s biggest operation in Chile, poised to become the world’s No. 5 copper mine at its peak.

Anglo American added the mine “will remain completely halted until the minimum necessary guarantees exist that it can operate safety and without risk to personnel."